Given the age of the hardware that I see running Windows 95/98/Me, the answer is sometimes no. I'm having to wipe the drive, run DRIVE FITNESS TESTS (please google that) and replace the failed drives.
The good news here is that owners are usually adept at reinstalling it all since they've had years to learn about their machines.
See if the discussion at http://reviews.cnet.com/5208-6141-0.html?forumID=8&threadID=62632&messageID=743043 helps.
I have Windows ME on a V-Premier computer. I have been able to run scan disc in the safe mode but I get a message stating that errors have been found on the C drive but not all were fixed. Is there a way to fix these problems?